Safety Valves Market: Size, Share, Future Challenges, Revenue, Demand, Industry Growth and Top Players Analysis to 2026
Global Safety Valves Market is accounted for $4.05 billion in 2017 and is expected to reach $6.45 billion by 2026 growing at a CAGR of 5.3% during the forecast period. Increasing nuclear energy generation, High demand from oil & gas, and growing significance in industrial processes are some of the factors favoring the market growth. In addition, rising usage of 3D printers in manufacturing lines are providing ample opportunities for the market growth. However, high fabrication costs are hampering market growth.
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Some of the key players profiled in the Safety Valves Market include Weir Group, Curtiss-Wright Corporation, Bosch Rexroth, IMI PLC, Leser, Frese, Emerson, Forbes Marshall, Schlumberger, Baker Hughes (A GE Company), Alfa Laval, ARI-Armaturen, Swagelok, GEA Group and VYC Industrial.
A valve is a mechanical device that regulates the flow of liquid or gas in a process stream. A safety valve is a fail-safe valve. Safety Valve is a type of valve that automatically actuates when the pressure of inlet side of the valve increases to a predetermined pressure, to open the valve disc and discharge the fluid (steam or gas). The pressure relief valves are the widely used safety valves across the globe.
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By End User, Agriculture segment acquired considerable share during forecast period. Safety valves in agriculture are recommended in irrigation and precision farming. In Irrigation, these valves are used to prevent the water hammer and to maintain water column in the delivery pipe. Based on geography, Asia Pacific is expected to dominate the market during the forecast period due to growing population and rapid urbanization in developing countries which further boost the safety valve market growth in various sectors such as energy & power, chemicals, oil & gas, etc. in this region.
Sizes Covered:
• Up to 1\"
• 1\" to 6\"
• 6\" to 25\"
• 25\" to 50\"
• 50\" and Larger
Materials Covered:
• Cast Iron
• Cryogenic
• Steel
• Alloy
• Cryogenic
• Other Materials
End Users Covered:
• Energy & Power
• Pharmaceuticals
• Oil & Gas
• Building & Construction
• Water & Wastewater
• Metal & Mining
• Food & Beverages
• Chemicals
• Agriculture
• Paper & Pulp
• Other End Users
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Table of Content:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Safety Valves Market, By Size
5.1 Introduction
5.2 Up to 1\"
5.3 1\" to 6\"
5.4 6\" to 25\"
5.5 25\" to 50\"
5.6 50\" and Larger
6 Global Safety Valves Market, By Material
6.1 Introduction
6.2 Cast Iron
6.3 Cryogenic
6.4 Steel
6.5 Alloy
6.6 Cryogenic
6.7 Others
6.7.1 Bronze
6.7.2 Plastic
6.7.3 Brass
7 Global Safety Valves Market, By End User
7.1 Introduction
7.2 Energy & Power
7.3 Pharmaceuticals
7.4 Oil & Gas
7.5 Building & Construction
7.6 Water & Wastewater
7.7 Metal & Mining
7.8 Food & Beverages
7.9 Chemicals
7.10 Agriculture
7.11 Paper & Pulp
7.12 Other End Users
8 Global Safety Valves Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
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